Book Image

Training Systems using Python Statistical Modeling

By : Curtis Miller
Book Image

Training Systems using Python Statistical Modeling

By: Curtis Miller

Overview of this book

Python's ease-of-use and multi-purpose nature has made it one of the most popular tools for data scientists and machine learning developers. Its rich libraries are widely used for data analysis, and more importantly, for building state-of-the-art predictive models. This book is designed to guide you through using these libraries to implement effective statistical models for predictive analytics. You’ll start by delving into classical statistical analysis, where you will learn to compute descriptive statistics using pandas. You will focus on supervised learning, which will help you explore the principles of machine learning and train different machine learning models from scratch. Next, you will work with binary prediction models, such as data classification using k-nearest neighbors, decision trees, and random forests. The book will also cover algorithms for regression analysis, such as ridge and lasso regression, and their implementation in Python. In later chapters, you will learn how neural networks can be trained and deployed for more accurate predictions, and understand which Python libraries can be used to implement them. By the end of this book, you will have the knowledge you need to design, build, and deploy enterprise-grade statistical models for machine learning using Python and its rich ecosystem of libraries for predictive analytics.

Related Content you might be interested in

Current Title:

Small book image
Training Systems using Python Statistical Modeling
Curtis Miller
May, 2019 | 290 pages
Small book image
Hands-On Data Analysis with NumPy and pandas
Curtis Miller
Jun, 2018 | 168 pages
Small book image
Bayesian Analysis with Python
Osvaldo Martin
Jan, 2024 | 394 pages
Small book image
Mastering Predictive Analytics with R, Second Edition
Rui Miguel Forte | James D Miller
Aug, 2017 | 448 pages
Table of Contents (9 chapters)
Preface
Preface
Who this book is for
What this book covers
To get the most out of this book
Get in touch
Free Chapter
1
Classical Statistical Analysis
Classical Statistical Analysis
Technical requirements
Computing descriptive statistics
Classical inference for proportions
Classical inference for means
Diving into Bayesian analysis
Bayesian analysis for proportions
Bayesian analysis for means
Finding correlations
Summary
2
Introduction to Supervised Learning
Introduction to Supervised Learning
Principles of machine learning
Training models
Evaluating models
Summary
3
Binary Prediction Models
Binary Prediction Models
K-nearest neighbors classifier
Decision trees
Random forests
Naive Bayes classifier
Support vector machines
Logistic regression
Extending beyond binary classifiers
Summary
4
Regression Analysis and How to Use It
Regression Analysis and How to Use It
Linear models
Evaluating linear models
Bayesian linear models
Ridge regression
LASSO regression
Spline interpolation
Summary
5
Neural Networks
Neural Networks
An introduction to perceptrons
Neural networks
MLPs for classification
MLP for regression
Summary
6
Clustering Techniques
Clustering Techniques
Introduction to clustering
Exploring the k-means algorithm
Evaluating clusters
Hierarchical clustering
Spectral clustering
Summary
7
Dimensionality Reduction
Dimensionality Reduction
Introducing dimensionality reduction
Principal component analysis
Singular value decomposition
Low-dimensional representation
Summary
8
Other Books You May Enjoy
Other Books You May Enjoy
Leave a review - let other readers know what you think

Linear models

Let's start by discussing the basics of linear models. In this section, we will examine the objectives of regression, what a linear model is, and how to evaluate the quality of a fit. We will explore estimation with the help of OLS. Additionally, we will take a look at the OLS method of estimation in action by trying to predict the price of homes in Boston.

Classification and regression are both methods of prediction, but they each predict variables of different natures. For instance, classification predicts whether a data point belongs to one of a finite number of classes, such as whether a viewer clicks on an ad on a web page or not. On the other hand, regression predicts a value from a continuum, such as how much a customer will spend on a website. The following diagram demonstrates the difference between classification and regression:

Linear models are...

Previous Section
End of Section 2
Next Section